Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

2 Beaten-Down Growth Stocks That Can Bounce Back in 2023


Hang in there, folks. In about a week and a half, we get to close the door on the worst year that just about any of us can remember. It's been such a lousy year that the Vanguard Growth ETF has tumbled a stunning 35% from the high-water mark it set in January.

Some tax-loss selling could apply more downward pressure on growth stocks in the final trading days of the year. If so, it would just create an even better opportunity to scoop up shares of some underappreciated names that appear poised to come roaring back in 2023.

These two growth stocks excited investors during the early days of the pandemic, but both have fallen 78% or more from their peaks. Here's why investors can look forward to strong recoveries from them in 2023.

Continue reading


Source Fool.com

Like: 0
Share

Comments